FRENCH MARKET: -1.0 % in May
In May, French producer prices in industry fell significantly (-1.0 %), following a period of stable prices in April. This fall was mainly attributable to a sharp decline in prices for refined petroleum products combined with a seasonal drop in energy prices (electricity and heating oil).
Prices for refined petroleum products moved down significantly (-5.3 %), after a slight reduction in April (–1.3 %). Price for Brent crude sourced from the North Sea continued to drop, with the fall being less significant in euro terms (-4.9 % in May, following -2.5 %) than in dollar terms (-7.6 % in May, following -3.1 %) due to the depreciation of the euro. All prices for refined products declined sharply (-4.7 % for heating oil, -7.9 % for unleaded premium gas).
Prices for electricity, gas, steam and air conditioning fell by -3.1 % due to a seasonal drop in prices for electricity and heating oil.
Food prices were stable (+0.1 %, following +0.2 % in April). Meat prices, most notably chicken, rose slightly (+0.6 %), while prices for dairy products moved down (–1.5 %).
Prices for electronic and computer products fell (–1.2 %) in May. Prices for electronic components and boards declined (-3.9 %) in a context of lower sales.
FOREIGN MARKETS: - 0.6 % in May
Producer prices of French industrial products sold on foreign markets fell in May (–0.6 %, following -0.2 % in April). Prices for refined petroleum products declined (–7.5 %), while electricity prices fell in a seasonal context following the winter tariffs.
ALL MARKETS: -0.9 % in May
In all markets, producer prices of French industrial products fell by -0.9 % Year-over-year, the rise was +1.7 % only for the "total industry", +9.1 % for "coke and refined petroleum products".
In May, prices for imported industrial products continued to drop (-1.2 %, following -0.3 % in April). The decline in prices for crude oil and refined petroleum products was sharper than in April, while food prices fell (-0.3 %) in a seasonal context (-2.1 % for meat prices) and prices for metal products moved down (-0.8 %).
Total Industry price indices
Producer price indices of manufactured products sold on the french market
Import price indices of manufactured products
|base and reference year: 2005|
|Change in %|
|Levels A 10 and A 17 in CPF rev. 2, 2008||Weight||May 12||In 1 month||In 1 year|
|(DE) Mining and quarrying, energy, water||130||132.4||–3.1||4.3|
|CZ: Manufactured prod.||870||115.9||–0.7||1.8|
|(C1) Food products, beverages, tobacco||188||112.1||0.1||1.9|
|(C2) Coke and refined petroleum products||70||166.6||–5.3||8.7|
|(C3) Electrical & electronic equip., computers, mach.||92||111.4||–0.2||1.7|
|(C4) Transport equipment||79||106.3||0.1||1.4|
|(C5) Other man. products||441||112.1||–0.1||0.3|
|CZ: Manufactured prod.||s||107.8||–0.2||1.1|
|(C1) Food products, beverages, tobacco||82||118.0||0.3||1.2|
|(C2) Coke and refined petroleum products||25||228.5||–7.5||11.0|
|(C3) Electrical & electronic equip., computers, mach.||202||96.5||0.0||–0.3|
|(C4) Transport equipment||211||100.9||0.1||1.1|
|(C5) Other man. products||s||107.7||0.4||0.6|
|CZ: Manufactured prod.||s||113.1||–0.5||1.6|
|(C1) Food products, beverages, tobacco||154||113.1||0.1||1.8|
|(C2) Coke and refined petroleum products||56||175.2||–5.7||9.1|
|(C3) Electrical & electronic equip.. computers. mach.||127||103.8||–0.1||0.8|
|(C4) Transport equipment||121||103.3||0.1||1.2|
|(C5) Other man. products||s||110.7||0.1||0.4|
|base and reference year: 2005|
|r: updated ; nd: non available ; s : confidential|
|Change en %|
|Levels A 10 and A 17 of nomenclature CPF rev. 2. 2008||Weight||May 12||In 1 month||In 1 year|
|CZ: Manufactured prod.||s||110.5||–0.5||1.4|
|(C1) Food products. beverages. tobacco||69||127.4||–0.3||1.9|
|(C2) Coke and refined petroleum products||41||167.3||–5.7||8.9|
|(C3) Electrical & electronic equip.. computers. mach.||210||94.0||0.1||0.5|
|(C4) Transport equipment||133||100.7||0.0||–0.8|
|(C5) Other manufactured products||s||113.3||–0.1||1.4|
|Revision of the monthly change (in %)|
|(1) Reading note: the evolution of the index between Mar.12 and Apr.12 published last month was equal to -0.1 %. It is updated to –0.2 %; that is to say a revision of -0.1 %.|
|Feb.12 / Jan.12||Mar.12 / Feb.12||Apr.12 / Mar.12|
|French producer prices in industry sold on:|
|- the French market||//||//||//|
|- the foreign markets||//||+0.1||-0.1(1)|
|- all markets||//||//||–0.1|
|Import prices of industrial products||–0.1||+0.1||–0.1|
n° 163 - June 29, 2012
Industrial Producer and Import Price Indices - May 2012
Next issue June 28, 2013 08:45 - May 2013
Since July 2009, display of the Informations Rapides has changed.